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Inside Pigs

Piglet trade improves at a snail's pace

3 August 2020 - Wouter Baan

The sale of piglets has been a tough affair in recent weeks, but in the meantime the market is slowly recovering. 

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Piglet sales are booming with stable pig prices. This makes it easier for fattening pig farmers to impose costs, in the sense that they are less likely to hold the boat back. This gives the market, where many heavy piglet flocks are still waiting to be sold, a little more breathing space. In that light, the higher temperatures predicted from Wednesday - and thus the slowdown in growth - are not necessarily negative.

Higher piglet prices are not yet an option. To achieve this, the slaughter capacity at Tönnies in Germany must first increase further and that will only happen gradually. The German VEZG piglet price remains at €39 per piglet this week. Based on the statements, the DCA BestPigletPrice also remains the same at €30. According to traders, it is not unlikely that piglet quotations will correct to a higher price later in August.

Meat prices continue to rise
Vion is once again keeping the pig price unchanged for this week, bringing the quotation to €1,47 per kilo (including VAT). Better signals are coming from the meat market. Last week it became clear that demand was increasing and that trend will continue this week, as shown by DCA's meat changes. With the exception of the bacon and liver, all parts rise. The more luxurious parts, such as the hares and attorneys, are particularly popular.

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